Suzuki Motorcycle India's September Sales Boosted by Export Growth

Suzuki Motorcycle India reported a 1% increase in sales for September, reaching 99,185 units. Domestic sales slightly declined, but exports grew significantly by 55%. The company highlights a 16% growth in domestic demand during the first half of the fiscal year, with optimism for future growth.

Suzuki Motorcycle India has reported a modest gain in its September sales, achieving a 1% upsurge to 99,185 units sold. Despite a slight dip in domestic sales compared to last year, the company saw a remarkable 55% rise in exports, reaching 21,922 units.

The first half of the fiscal year showcased a strong 16% growth in the domestic market for the Japanese two-wheeler manufacturer, fueled by robust consumer demand. This positive trend positions them confidently as they approach the second half of the year combined with the festive season.

Executive Vice President for Sales, Marketing, and After-sales, Devashish Handa, expressed optimism about meeting the evolving needs of their customers efficiently amid the festive period, forecasting continued success in the coming months.

(With inputs from agencies.)